Viemed has 90 Job Postings, and my thoughts:Viemed has 90 job postings at this time.
About 1 Million shares trade a day, with only one US company following them. They just made the Russell 3,000.
As of June 30th 2020 Viemed had 476 employees. This number would of been higher if not for the slow down in hiring, because the Corona Virus caused issues with interviewing.
At the end of 2019 it had 418 employees.
At the end of 2018 it had 293 employess.
At the end of 2017 it had about 207 employees.
They continue to make money while growing the company so quickly. They are putting money back into the business with employees, technology, and buying there own building. If they stopped hiring I wonder what the Earnings Per Share would be. I rather they don't do that but it makes you think.
They are in almost every state. You have to ask yourself why are they setting themselves up all around the country. Could the VA be the big issue. They talk about them a lot. Even if there is no VA they still have plans to grow this to a Billion Dollar Company. At this time they are growing like crazy with no VA. They must be gaining market share if they hired this many employees.
With Telemed each RT can see more patients, but they still are hiring. The Corona Virus is getting worse. Some states are rolling back the new phases. Florida is a complete mess. About 60,000 new cases a day around the country. In the US over 3 Million people have the Virus.
We have no idea how the Ventilator sales are going, or how long this will last. On the last conference call they said they did 20 Million in five weeks in the beginning of the second quarter. How long this continues - I have no idea. The Corona Virus is getting worse.
How much revenue will there website bring in for supplies. This is also an unknown.
Will Viemed still be known as just a COPD company in one year. Are more hospitals treating people at home with COPD so they can bring in more Corona cases, and save money, and get more people sick who don''t need to be in the hospital with just COPD.
There are to many unknown's but Revenue and Employees are growing. You don't hire people unless you need them. These are just my thoughts. Any comments appreciated.